News and Press

Shibber Khan's Criterion shopping large LIC dev site

Shibber Khan’s Criterion Group is looking to sell a massive, largely vacant Long Island City development site just a year after buying it, sources
told The Real Deal.

“There is an uptick in demand in Long Island City for office space — from companies looking to relocate and end users that want to purchase their
own headquarters space,” said Pinnacle Realty’s TRData LogoTINY David Junik, who is marketing the site along
with his colleague Decio Baio.

Junik added the site could benefit from a residential rezoning
of the area, as a result of the Long Island City Core Neighborhood Planning Study currently being conducted by the Department of City Planning.